Public Works Loan Board
(asked on 20th May 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the PWLB principal and debt repayments for local authorities in the 2020-21 financial year.
This question was answered on 4th June 2020
The following table details expected Public Works Loan Board (PWLB) repayments in 2020-21 to the nearest £ million, for all UK local authorities and for Scottish local authorities only.
| Principal | Interest | Total |
UK | £2,700 million | £3,080 million | £5,779 million |
o/w Scotland | £372 million | £421 million | £793 million |
Most PWLB loans are structured as maturity loans so that local authorities repay no principal in any given year.